Musk plans to complete the acquisition of Twitter on Friday

ChainCatcher news, according to Jin10 data citing informed sources, Musk promised during a video conference with financing banks on Monday to complete the acquisition of Twitter by the end of Friday. The sources said that the banks providing a total of $13 billion in debt financing for the deal have completed the drafting of the final credit agreement and are now at the document signing stage.

Informed sources indicated that during the conference call, Musk also promised to help the banks promote the bonds to fund managers after the deal is completed. Morgan Stanley and Twitter declined to comment on the report, while Musk's representatives have not yet responded to requests for comment. Twitter's stock price surged briefly, now up over 3%. (Jin10)